One of the most compelling redevelopment opportunities available on Plum Island, offering ocean views & a prime location just steps to the beach, restaurants & attractions. Situated on a 6,499sqft lot with 6 off-street parking spaces, the property is a grandfathered legal 3-family structure containing ~1,810sqft of living area. 2 potential development concepts may include: (1) three luxury 2-bedroom, 1-bath condos with parking & outdoor deck space; or (2) two larger 3-bedroom luxury condos with parking & outdoor deck space. Conceptual plans are available to qualified buyers. Additional development potential and/or expanded FAR (Floor Area Ratio) may be possible through future town permitting/approvals. Buyer to perform all due diligence re zoning, permitting, development potential & future use. Seller/Seller's agent make no representations or warranties regarding the condition of the existing structure & do not represent the building as salvageable for renovation. Property sold as-is.
Your BEAUTIFUL Dream Beach House Awaits! This spectacular turnkey Plum Island home offers the ultimate in coastal living with breathtaking views of the ocean and the basin - just across the street from the beach. Tastefully renovated and taken down to the studs w/new electric, plumbing, heating, A/C, floors, walls, lighting, quartz countertop/kitchens, baths & appliances. The 2nd floor 3BR main living space has vaulted ceilings, skylights & expansive open concept kitchen, living, dining space with tremendous ocean views. The 1st floor can be used as a separate 2BR rental unit. This home has beautifully designed gourmet kitchens, and expansive decks-perfect for soaking in both sunrises & sunsets. This property includes significant PARKING LOT INCOME POTENTIAL! Whether you're looking for a full-time residence w/5 bedrooms, a vacation escape or investment opportunity, this delivers it all ~ views, wildlife, water access & the magic of island life! VRBO rate: $7500/week summer rent.
Newbury is located in Massachusetts. Newbury, Massachusetts has a population of 6,745. Newbury is less family-centric than the surrounding county with 25.68% of the households containing married families with children. The county average for households married with children is 30.06%.
The median household income in Newbury, Massachusetts is $152,356. The median household income for the surrounding county is $86,684 compared to the national median of $69,021. The median age of people living in Newbury is 50.3 years.
The average high temperature in July is 82.2 degrees, with an average low temperature in January of 14.8 degrees. The average rainfall is approximately 50.4 inches per year, with 54.7 inches of snow per year.
